The Gross Domestic Product (GDP) in Israel was worth 488.53 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Israel represents 0.22 percent of the world economy. source: World Bank
GDP in Israel averaged 114.36 USD Billion from 1960 until 2021, reaching an all time high of 488.53 USD Billion in 2021 and a record low of 2.51 USD Billion in 1962. This page provides - Israel GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel GDP - values, historical data and charts - was last updated on June of 2023.
GDP in Israel is expected to reach 502.70 USD Billion by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel GDP is projected to trend around 516.77 USD Billion in 2024 and 532.28 USD Billion in 2025, according to our econometric models.